NMB Bank Plc introduces the Jamii Sustainability Bond: Driving Impactful Investment for a Sustainable Future

NMB Bank Plc - Tanzania's leading commercial bank offering financial services to diverse clients ranging from individuals to large corporates. Today, through its listing here at the London Stock Exchange is making a bold statement in their mission to leverage the power of finance for the greater good. NMB is dedicated to fostering economic growth and social progress through offering tailor-made banking services. 

LSE is proud to unveil the listing of the NMB-Jamii Sustainability Bond, a pioneering financial instrument designed to catalyze investment in projects that deliver tangible social and environmental benefits. The capital raised for this admission is USD 73 Million and it is aligned with global efforts to address pressing sustainability challenges and build a more resilient and inclusive society, empowering investors with the opportunity to generate financial returns while making a meaningful impact. This is the first Sustainability Bond in the East Africa region.

The team celebrating on the balcony at LSEG during the welcome ceremony.

“At NMB Bank, we recognize the critical role that finance plays in driving sustainable development and addressing the complex challenges facing our planet and society,” said Ms. Ruth Zaipuna, CEO of NMB Bank Plc. She further commended the work done by joint lead transaction advisors, reporting accountant; the legal advisors, and a sponsoring broker for their valuable contributions in bringing to market this transaction.

As Tanzania's leading financial institution listed on the Dar es salaam Stock Exchange (Market Capitalization about USD 1 Billion), NMB Bank Plc remains committed to advancing sustainable development and promoting responsible investment practices, with the assurance of rigorous impact assessment and transparent reporting. 

Find out more information and latest news about NMB Bank.

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